International Business Machines Corporation stock plunges; downgrade IBM to Hold as Anthropic's Claude Code threatens ...

Short for Common Business-Oriented Language, COBOL is a dominant code system developed in the late 1950s often used in business data processing, such as payment processing and retail transaction ...

IBM Share Price and Anthropic AI Impact: IT stocks slumped on February 24, falling up to 8%, after IBM plunged 13% on Wall ...

IBM’s ( IBM) Software and Chief Commercial Officer, Rob Thomas, wrote in a Monday blog post that translating COBOL code isn’t equivalent to modernizing enterprise systems, emphasizing that platform ...

IBM’s stock took a hit after Anthropic, the company behind the AI model Claude, said its new tool can make fixing old COBOL ...

International Business Machines Corp. shares had their worst day in more than 25 years on Monday, after AI startup Anthropic PBC said its Claude Code tool can help modernize Cobol, a dated programming ...

This project implements a basic calculator in COBOL that performs four arithmetic operations (addition, subtraction, multiplication, and division) with comprehensive ...

Information technology modernization specialist Rocket Software Inc. is integrating generative artificial intelligence and adding support for Arm processors in its line of Cobol modernization products ...

UK banks are still using software code that was written in the 1960s and 1970s, with only a handful of employees who understand them. According to a survey of 200 UK banks, 16% rely on software from ...